By Pastor Gabriel Hughes - Posted at The Midwestern Baptist:

A video was posted yesterday in which Benny Hinn—the famed prosperity preacher and faith healing hack—seemingly repents of his prosperity preaching. In the video (which you can view here), Hinn says the following:
"I will tell you now something that I think is going to shock you. I think it's an offense to the Lord—it's an offense to say, 'Give a thousand dollars.' I think it's offense to the Holy Spirit to place a price on the gospel. I'm done with it. I will never again ask you to give a thousand or whatever amounts because I think the Holy Ghost is just fed up with it. Are you—Did you hear me? I think that hurts the gospel. So I'm making this statement for the first time in my life, and frankly I don't care what people think about me no more."

He then asks his audience, "Am I shocking you?" and says, "Let's have a high-five on that one!" and he starts high-fiving members of his audience. Near the conclusion, he says:
"The gospel is not for sale. And the blessings of God are not for sale. And miracles are not for sale. And prosperity is not for sale."

"Do not be fooled," said Justin Peters. "This is not repentance." Justin has spent decades exposing these prosperity pontiffs, and he's absolutely right—we have no reason to believe that Benny Hinn understands his sin, nor has he turned from it. He's spinning around on TV handing out high-fives when he should be doubled over in mourning and giving away his wealth. "For Benny Hinn to repent," Justin went on to say, "he would need to empty his coffers, give every cent he has to good ministries, shut his ministry down, confess to his lies and false prophecies, join a sound church, and never preach again."

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See also:

The Contra Mundum Podcast #1 Benny Hinn: What Repentance Doesn't Look Like